Catylist ID: #30720408
Net Leased Investment Property For Sale - 9.0 % CAP RATE
Retail-Commercial for Sale
|Catylist Listing ID:||30720408|
|Property Subtypes:||Free-Standing Building, Mixed Use, Other|
|Building Size (RSF):||10,000 SF|
|Gross Land Area:||2.86 Acres|
|Unit Price:||$69 PSF|
|Property Use Type:||Net Leased Investment (NNN), Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
GREAT INVESTMENT OPPORTUNITY WITH 9 % CAP RATE.
Property is 100% leased. New long-term NNN leases executed on 7,000 SF and 3,000 SF suites. Annual Net Operating Income approx. $63,000.
10,000 square foot custom log structure located in West Shreveport just North of the LA 3132 Inner Loop Expressway. Property has been split into two suites of 7,000 SF and 3,000 SF. The 3,000 SF suite has 3 year lease with tenant effective 03/12/21. The 7,000 SF suite has 5 year lease with tenant effective 03/24/21.
Property located on 2.86 acres and provides ample parking.
|Nearest MSA:||Shreveport-Bossier City|
|Largest Nearby Street:||Jewella Avenue|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Total Parking Spaces:||40|
|Proximity:||1 mile||3 miles||5 miles|
Eric GibbsWalker-Alley & Associates
|© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|